Top Industries purchasing Platinum (Pt)
Major Individual Company Purchasers
Caution: This content was sourced and arranged by AI and thus may be subject to errors, biases, omissions, or antiquation.
This information can provide a general sense of industry dynamics, but may be unreliable in its specifics, or as an isolated basis for investment decisions.
| Rank | Industry | Volume (MT) | % Usage | Primary Applications |
| 1 | Automotive (ICE & Hybrid) | ~104.0 | 41.3% | Catalytic converters (Diesel & Gasoline) to reduce emissions. |
| 2 | Jewelry & Luxury Goods | ~58.0 | 23.0% | High-purity rings, watches, and decorative investment pieces. |
| 3 | Chemical Manufacturing | ~19.5 | 7.7% | Catalysts for nitric acid, paraxylene, and silicone. |
| 4 | Investment (Bars/ETFs) | ~17.1 | 6.8% | Physical bullion and backing for exchange-traded funds. |
| 5 | Glass Manufacturing | ~15.4 | 6.1% | Platinum-rhodium bushings for fiberglass & LCD glass. |
| 6 | Medical & Healthcare | ~9.6 | 3.8% | Pacemakers, stents, and platinum-based chemotherapy. |
| 7 | Electronics & Semiconductors | ~8.3 | 3.3% | Hard disk drive (HDD) coatings and high-temp sensors. |
| 8 | Petroleum Refining | ~7.8 | 3.1% | Catalysts for high-octane fuel and reforming processes. |
| 9 | Hydrogen Technology | ~4.5 | 1.8% | PEM electrolyzers (Green H2) and fuel cell catalysts. |
| 10 | Aerospace & Defense | ~2.5 | 1.0% | Jet engine spark plugs and heat-resistant turbine coatings. |
| 11 | Renewable Energy | ~1.8 | 0.7% | Specialized coatings for high-performance solar cells. |
| 12 | Pharmaceuticals | ~1.5 | 0.6% | Intermediate catalysts for complex drug synthesis. |
| 13 | Telecom & Data Centers | ~1.0 | 0.4% | High-reliability connectors and optical signal amplifiers. |
| 14 | Fertilizer Production | ~0.5 | 0.2% | Ammonia oxidation gauzes for nitrogen-based fertilizers. |
| 15 | Food Processing | ~0.3 | 0.1% | Hydrogenation of fats and oils for processed foods. |
| 16 | Nuclear Energy | Trace | <0.1% | Radiation monitoring and hydrogen recombiners. |
| 17 | Water Treatment | Trace | <0.1% | Electrolytic sensors for water purity and safety. |
| 18 | Synthetic Diamonds | Trace | Trace | Flux/Solvent metal for high-pressure lab-grown diamonds. |
| 19 | Automotive (FCEV) | Trace | Trace | Emerging fuel cell stack catalysts for heavy-duty trucks. |
| 20 | Nanotechnology | Trace | Trace | Platinum nanoparticles for biosensing and research. |
Major Individual Company Purchasers
- Johnson Matthey: A global leader in sustainable technologies and the world’s largest secondary refiner and purchaser of PGMs for autocatalysts and hydrogen fuel cells.
- BASF SE: One of the world’s largest chemical companies; it consumes significant platinum for industrial catalysts and mobile emissions control.
- Umicore: A circular materials technology company that is a major buyer of platinum for automotive catalysts and clean energy components.
- Corning Incorporated: A primary purchaser of platinum-based hardware used in the precision manufacturing of display glass (LCD/OLED) and fiberglass.
- Anglo American Platinum: While a producer, their marketing arm acts as a massive purchaser and distributor, frequently buying back recycled metal to stabilize the market.
- Toyota Motor Corporation: A pioneer in hydrogen fuel cell vehicles (Mirai) and hybrid technology, Toyota is a dominant downstream driver of platinum demand.
- Heraeus: A German family-owned technology group that is a major refiner and purchaser of platinum for medical, electronic, and industrial sensors.
- Plug Power: A major emerging purchaser in the green hydrogen sector, utilizing platinum for Proton Exchange Membrane (PEM) electrolyzers and fuel cells.
- Honeywell International: Purchases platinum for use in specialized aerospace components and catalysts for high-octane gasoline production.
Caution: This content was sourced and arranged by AI and thus may be subject to errors, biases, omissions, or antiquation.
This information can provide a general sense of industry dynamics, but may be unreliable in its specifics, or as an isolated basis for investment decisions.